Cadillac goes green with the CT6 Plug-In hybrid

CT6 Plug-in (2018) Get more info More 72 Scores Engadget 72   Critic Not yet scored   Users Not yet scored   Key Specs From $0.00 Buy Now More and more luxury automobile owners want to go green. Sure there’s a chance they’re looking to save a few bucks on gas, but you rarely find… Continue reading Cadillac goes green with the CT6 Plug-In hybrid

Icahn to sell Federal-Mogul to Tenneco for $5.4 billion

(Reuters) – Activist investor Carl Icahn said on Tuesday he was selling auto parts maker Federal-Mogul to Tenneco Inc (TEN.N) in a $5.4 billion deal, unloading an investment he has held for nearly two decades and picking up a new stake in Tenneco. Tenneco plans to separate into two independent, publicly traded companies – one… Continue reading Icahn to sell Federal-Mogul to Tenneco for $5.4 billion

Bosch Disbands Internal Battery Cell Research, Will Sell Solid-State Startup Seeo

But this is not the way to go for Bosch. Seeo is to be sold, while the Lithium Energy and Power GmbH & Co. KG (LEAP) joint venture dissolved. Bosch’s reasoning is too high economic risks as initial investment alone would be some 20 billion euros to build a 200 GWh production facility for some… Continue reading Bosch Disbands Internal Battery Cell Research, Will Sell Solid-State Startup Seeo

Tesla deploying Powerpacks at a BP wind farm

Tesla’s energy division has been on a roll lately and it has now secured another Powerpack project – this time at a wind farm operated by BP’s wind energy division in South Dakota. Home Solar Power In a press release today, BP Wind Energy confirmed that they have entered into a purchase agreement with Tesla to install… Continue reading Tesla deploying Powerpacks at a BP wind farm

BP teams up with Tesla to venture into battery storage for windfarm

LONDON (Reuters) – BP has teamed up with Tesla to build its first battery storage project at one of its U.S. windfarms as part of a strategy to expand its renewable energy business, the energy group said on Tuesday. FILE PHOTO: The logo of BP is on display at a petrol station in Moscow, Russia,… Continue reading BP teams up with Tesla to venture into battery storage for windfarm

China’s President Xi Jinping offers U.S. possible trade concessions

Chinese President Xi Jinping reviews an honor guard during a welcome ceremony at the Great Hall of the People in Beijing. (Photo: Mark Schiefelbein, AP) BEIJING – President Xi Jinping promised Tuesday to cut China’s auto tariffs and improve intellectual property protection in possible concessions aimed at defusing a worsening dispute with Washington over trade… Continue reading China’s President Xi Jinping offers U.S. possible trade concessions

Ford really wants to succeed in India: Here's why

Pankaj Radhe, Special to the Free Press Published 6:00 a.m. ET April 6, 2018 | Updated 9:55 a.m. ET April 6, 2018 From left to right: Jim Farley, Ford executive vice president and president of Global Markets, Peter Fleet, Group vice president & president, Ford Asia Pacific with Rajan Wadhera, president, automotive sector and Pawan… Continue reading Ford really wants to succeed in India: Here's why

Uganda Backs Electric Vehicle Project It Says Can Lead Continent

Uganda’s cabinet approved a plan to commercially produce electric vehicles its company has been designing, a project it describes as putting it at the forefront of African innovation in the industry. The Kiira Electronic Vehicle Project seeks to spark investment by businesses in the manufacture of vehicle parts, increase demand for natural resources and create… Continue reading Uganda Backs Electric Vehicle Project It Says Can Lead Continent

Germany May Inflict More Diesel Pain on Carmakers

Germany is preparing to take another run at shoring up diesel as it seeks to balance efforts to improve urban air quality with concerns about lost jobs from the technology’s decline. Transport Minister Andreas Scheuer signaled automakers including Volkswagen AG and BMW AG could be hit with more painful measures to reduce smog-causing emissions, while… Continue reading Germany May Inflict More Diesel Pain on Carmakers

Alibaba-backed Electric Vehicle Maker Xiaopeng Plans $2.7B Funding For Expansion

Alibaba-backed Chinese electric vehicle maker Xiaopeng Motors plans to raise RMB17 billion (US$2.7 billion) this year to expand its business, its CEO He Xiaopeng said in an interview at the Boao Forum in China. The news came two months after the firm raised RMB2.2 billion (US$348 million) in a series B round led by Alibaba… Continue reading Alibaba-backed Electric Vehicle Maker Xiaopeng Plans $2.7B Funding For Expansion